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Affordable Calgary Homes for Sale Under $500,000 
Looking for Calgary homes for sale under $500,000? Discover an array of affordable properties in one of Canada’s most dynamic cities. In Calgary’s thriving real estate market, buyers can enjoy exceptional value without compromising on quality or convenience. Whether you are a first-time buyer, a savvy investor, or someone ready to downsize, affordable Calgary homes provide the perfect opportunity to secure a comfortable lifestyle in a vibrant community.
Our comprehensive listings showcase a variety of properties under $500,000, from cozy condos to charming single-family homes. Each listing is carefully selected for its prime location, modern amenities, and potential for future growth. Many of these homes are situated in family-friendly neighborhoods, close to top-rated schools, parks, shopping centers, and essential services. This makes owning a home not only a smart financial investment but also a gateway to enjoying Calgary’s exceptional quality of life.
By leveraging expert insights and in-depth market knowledge, you can confidently navigate the competitive Calgary market. Explore our selection today and let us help you find the ideal home that fits your budget and lifestyle, turning your dream of homeownership into a reality.
Contact Diane Richardson
Phone: 403.397.3706
Email: diane@mypadcalgary.com
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Townhouses near University of Calgary
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29 55 Lemoyne Crescent W: Lethbridge Row/Townhouse for sale : MLS®# A2208378
29 55 Lemoyne Crescent W Lethbridge Lethbridge T1K 4A4 $224,900Residential- Status:
- Active
- MLS® Num:
- A2208378
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 900 sq. ft.84 m2
Great condo within walking distance of the University of Lethbridge. Exceptional location on a quiet spot away from traffic. This unit backs onto the green space and features a large, updated maintenance free deck. Inside you find two large bedrooms on the top floor along with a 4 piece bathroom. On the main floor is a kitchen, dining nook and living room with brand new carpet. A rarity in this price range is a basement with development that includes a full bathroom. The whole condo has been repainted and is in move in ready condition. Updated windows and exterior doors. Same owner for over 20 years, this home has NEVER been empty. It has been happily rented to families, visiting professors and students. Would make an excellent first time home or investment property. More detailsListed by Lethbridge Real Estate.com- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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19 115 Lafayette Boulevard W: Lethbridge Row/Townhouse for sale : MLS®# A2209987
19 115 Lafayette Boulevard W Lethbridge Lethbridge T1K 3Y7 $225,000Residential- Status:
- Active
- MLS® Num:
- A2209987
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 974 sq. ft.90 m2
Welcome to this charming 3-bedroom townhouse condo located in a prime west side location — just steps from the University of Lethbridge, Nicholas Sheran Park, schools, shopping, and more! The main floor features a bright and spacious living room, a dedicated dining area, and a functional kitchen with plenty of cabinet space. Sliding glass doors off the living room lead directly to a quiet green space — perfect for relaxing or soaking up some vitamin D in the sun. Upstairs, you’ll find three comfortable bedrooms and a full 4-piece bathroom. The partially finished basement adds extra versatility with a den, a 3-piece bathroom, and space for storage or future development. Enjoy a low-maintenance lifestyle with exterior upkeep taken care of, plus an assigned parking stall included. Out front, take in the scenic view of the coulees right from your doorstep or front windows — a rare and peaceful bonus. This affordable and convenient home is ideal for first-time buyers, students, young families, or investors alike. More detailsListed by Lethbridge Real Estate.com- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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204 3500 Varsity Drive NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2211921
204 3500 Varsity Drive NW Varsity Calgary T2L 1Y3 $339,900Residential- Status:
- Active
- MLS® Num:
- A2211921
- Bedrooms:
- 2
- Bathrooms:
- 1
- Floor Area:
- 1,239 sq. ft.115 m2
Welcome to this 2-story townhouse in the beautiful McLaurin Village with many large trees, like a park surrounded by many professionals, students and families! It is just one station from the Brentwood C-Train Station to the University of Calgary, four stations to SAIT college and 6 stations to downtown. Minutes Driving to Schools, Brentwood Mall, Market Mall, Northland Mall, Foothills/Children’s Hospital, Local Amenities, Restaurants, and Parks etc. The townhouse provides over 1239 square feet, an open concept layout, with updated Furnace with Air Conditioning in 2009. The main floor on the second floor with thorough laminate flooring features a functional kitchen with ss appliances and white cabinets, a nice laundry/storage room beside the kitchen, a large eating area and a sitting area with a wood burning fireplace and a French door leading to a nice Balcony, a very spacious living room with a bright window. Upstairs on the third floor with carpet provides a large master bedroom with a private balcony to enjoy morning coffee and tea with fresh air, another good-size bedroom or office and a 4-pc bathroom. The unit has 1 outside assigned stall parking lot with plug in. The visitor parking lots are close as well. Come to see today! More detailsListed by Homecare Realty Ltd.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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406 4270 Norford Avenue NW in Calgary: University District Row/Townhouse for sale : MLS®# A2202030
406 4270 Norford Avenue NW University District Calgary T3B 6A8 $379,900Residential- Status:
- Active
- MLS® Num:
- A2202030
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 581 sq. ft.54 m2
Discover modern living at its finest in this brand-new 1-bedroom, 1-bathroom plus den Cambridge model townhome by Rohit Homes. Located in the highly sought-after University District, this home offers the perfect blend of luxury, convenience, and contemporary design. Step inside to find sophisticated finishes including waterfall quartz countertops, floor-to-ceiling triple-pane windows, and your choice of one of three stunning Designer Interiors curated by award-winning designer Louis Duncan-He. Whether you prefer chic, elegant, or bold, this home can reflect your personal style. Enjoy the comfort of in-suite laundry, a private balcony, and A/C rough-in to keep you cool during Calgary’s warm summers. A titled underground parking stall ensures your vehicle is secure and easily accessible year-round. Living in the University District means you’re part of a thriving community filled with exceptional amenities, trendy shops, diverse dining options, and serene green spaces. With close proximity to major institutions, like the University of Calgary and top healthcare facilities, this location offers unparalleled convenience for students, professionals, and families alike. Whether you’re looking to invest or make this your forever home, Dean's Landing is a lifestyle opportunity you don’t want to miss. Contact us today to learn more about this incredible property and other available options! More detailsListed by Manor Hill Realty YYC Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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28 5315 53 Avenue NW in Calgary: Varsity Row/Townhouse for sale : MLS®# A2202558
28 5315 53 Avenue NW Varsity Calgary T3A 2E7 $399,900Residential- Status:
- Active
- MLS® Num:
- A2202558
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 956 sq. ft.89 m2
Location truly is key, and this townhome seems to have it all! The southwest-facing patio, quiet cul-de-sac, and proximity to amenities like the Dalhousie LRT, Varsity Ravine Park, and U of C make this townhome highly desirable. Currently this unit is rented to long term tenants at $1550 / month + utilities until May 31, 2025. The updates throughout the unit, like the new gas fireplace, patio doors, furnace and water tank are attractive features of this townhome. Low condo fees + a good property management in place makes this a solid place to invest and grow your equity. Call your favorite Realtor today to schedule a viewing as soon as possible. More detailsListed by RE/MAX Real Estate (Central)- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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34 Vandoos Villas NW in Calgary: Varsity Semi Detached (Half Duplex) for sale : MLS®# A2209825
34 Vandoos Villas NW Varsity Calgary T3A 4W3 $449,000Residential- Status:
- Active
- MLS® Num:
- A2209825
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 959 sq. ft.89 m2
Welcome to this beautifully located bungalow in highly sought after Horizon Village in Varsity. Perfectly situated close to all essential amenities. Just minutes away from Nose Hill, Market Mall. Brentwood, and Dalhousie shopping centers, as well as the Foothills Hospital, this home offers exceptional convenience. Public transportation, including the nearby C-Train station, makes commuting a breeze, and easy access to Stoney Trail—both east and west—ensures smooth travel around the city. This charming corner unit bungalow offers a single front-drive garage complete with an automatic door opener. The home faces a green belt and backs onto a West facing common area green space, providing exceptional privacy and a peaceful atmosphere. Step inside to an inviting open-concept connecting the kitchen, dining room, and living room. Newer hardwood flooring in the living room and dining room area adds warmth and style. The main floor features two generous bedrooms, including a spacious master bedroom looking onto the inner park space. Both bedrooms are carpeted and offer ample closet space. The kitchen boasts classic oak cabinetry and matching doors, lending a touch of character to the space. One four piece bath between the two bedrooms as well as upstairs laundry for your convenience. The living and dining areas are flooded with natural light from large windows that frame views of the green area behind the home. A patio door from the dining area leads to a good-sized deck, complete with a gas outlet—perfect for outdoor entertaining or quiet evenings enjoying the view. Downstairs, you'll find a large recreation room and a three-piece bathroom, offering plenty of space for relaxation or hobbies. This home is part of a vibrant 50+ adult community, that includes access to a clubhouse where residents can enjoy regular social events and build lasting connections with neighbors. The HOA fees include the snow removal and the lawn care. Well managed and maintained complex. This is a wonderful opportunity to embrace a comfortable lifestyle in a peaceful, well-connected neighborhood. More detailsListed by Diamond Realty & Associates LTD.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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5235 19 Avenue NW in Calgary: Montgomery Semi Detached (Half Duplex) for sale : MLS®# A2206668
5235 19 Avenue NW Montgomery Calgary T3B 0T3 $509,000Residential- Status:
- Active
- MLS® Num:
- A2206668
- Bedrooms:
- 3
- Bathrooms:
- 2
- Floor Area:
- 920 sq. ft.86 m2
Lots of renovations in this spacious 1/2 duplex on a large corner lot just steps from the Bow River and Bowmont Park. Two full baths, two bedrooms up and 1 down. Features vaulted and coved ceiling, upgraded decorative lighting throughout, renovated kitchen and baths (granite, backsplash, cabinets), and walk-in pantry. Home has new windows, brand new furnace and hot water tank, newer roof, redone electrical. The property is fully fenced front and back (120' deep lot) with decks front and back and large south facing back yard with plentry of raised gardens. Location is walking distance to Safeway and many parks - a quick drive to downtown or the whole way on the River bike path. More detailsListed by Copper K Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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103 20 Brentwood Common NW in Calgary: Brentwood Row/Townhouse for sale : MLS®# A2197641
103 20 Brentwood Common NW Brentwood Calgary T2L 1K8 $520,000Residential- Status:
- Active
- MLS® Num:
- A2197641
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,237 sq. ft.115 m2
Welcome to this beautiful End Unit townhouse, located in one of the best locations in the city! Only steps to C-train, shopping, Park and Great Schools. Only minutes to the University of Calgary, Foothills and Children's Hospital and Market mall. Large and bright windows. 2 balconies, and facing SE. Large Primary bedroom with full ensuite. Large second bedroom with workspace. Granite countertops throughout, and Stainless appliances. Condo fees includes A/C, heat and water. Title parking in secure and heated underground parking, plus storage locker. You will love living here! More detailsListed by MaxWell Capital Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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116 3130 Thirsk Street NW in Calgary: University District Row/Townhouse for sale : MLS®# A2212587
116 3130 Thirsk Street NW University District Calgary T3B 6H4 $550,000Residential- Status:
- Active
- MLS® Num:
- A2212587
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 874 sq. ft.81 m2
Welcome to this beautifully maintained two-bedroom, two-and-a-half-bathroom townhome in the heart of the University District. Perfect for pet owners, the ground-floor patio provides easy access for outdoor walks. Inside, the home is thoughtfully designed with modern living in mind, featuring a bright and spacious open-concept main floor, freshly painted throughout and filled with natural light from large windows. The contemporary kitchen boasts quartz countertops, ample cupboard space, an island perfect for entertaining, and a separate dining area. The main floor also includes a comfortable living room, a half bathroom, and an additional space ideal for a home office. Upstairs, the primary suite offers a private retreat with a four-piece ensuite, large closet, and sliding doors leading to a private balcony. The second bedroom is generously sized with a large closet and is conveniently located next to the three-piece bathroom. Stacking laundry is conveniently located upstairs. Additional features include titled underground parking and access to a beautifully maintained inner courtyard. Situated within walking distance to all the amenities of the University District, the University of Calgary, and the Alberta Children’s Hospital, this townhome offers an unbeatable location for both convenience and lifestyle. More detailsListed by eXp Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2 4534 17 Avenue NW in Calgary: Montgomery Row/Townhouse for sale : MLS®# A2197684
2 4534 17 Avenue NW Montgomery Calgary T3B 0P1 $599,900Residential- Status:
- Active
- MLS® Num:
- A2197684
- Bedrooms:
- 2
- Bathrooms:
- 3
- Floor Area:
- 1,330 sq. ft.124 m2
Welcome to this stunning brand-new fourplex by Aldebaran Homes, where modern living meets an unbeatable location! The open-concept layout creates a bright and airy atmosphere throughout, making every space feel inviting. Step into the large family room, featuring impressive 9-foot ceilings—perfect for unwinding after a busy day. The massive kitchen is a chef's dream, offering abundant cabinet space and a spacious island ideal for entertaining friends and family. Upstairs, you’ll find two generously sized bedrooms, each with its own ensuite bathroom, providing a luxurious and private retreat. Say goodbye to lugging laundry up and down the stairs, thanks to the conveniently located upstairs laundry room. Looking to personalize your space? The basement is roughed in and ready for development, offering the potential for an additional bedroom and bathroom. The big ticket items on this home were carefully thought about, HRV System, efficient building envelope, double pane low e windows, and hardie board siding with manufactured stone. Nestled on a quiet street in Montgomery, you're just steps away from the Bow River, with easy access to numerous parks, green spaces, and recreational opportunities. Plus, the amenities of Bowness Road are just a short drive away, giving you shopping, dining, and entertainment at your fingertips. With low maintenance living, 9-foot ceilings throughout the main level and basement, and a spacious kitchen with ample storage, this property truly has it all. Don’t miss your chance to make this beautiful townhome your own—call your realtor today! More detailsListed by Charles- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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2615 24 Street NW in Calgary: Banff Trail Semi Detached (Half Duplex) for sale : MLS®# A2204061
2615 24 Street NW Banff Trail Calgary T2M 3Y9 $599,900Residential- Status:
- Active
- MLS® Num:
- A2204061
- Bedrooms:
- 4
- Bathrooms:
- 3
- Floor Area:
- 992 sq. ft.92 m2
RARE 3 SELF-CONTAINED UNIT FOR RENTALS | TONE OF UPGRADES | TOP NOTCH LOCATION | FURNITURE INCLUDED ! | The 2 illegal suite in basement were once rented for total of $3,000 per month. With all 3 units, you may get up to $5,000 in rent per month. This property was also a success Air BNB when in operation, a most busiest month in summer, the income was $8,000. Welcome to this semi-detached half duplex located in Banff Trail with 2 illegal basement suites. Great location in walking distance of the Foothills Medical Centre, University of Calgary, C-trains, McMahon Stadium, coffee shops, restaurants and pubs, schools, shopping centers, and parks. More detailsListed by CIR Realty- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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4629 Virginia Drive NW in Calgary: Varsity Semi Detached (Half Duplex) for sale : MLS®# A2205518
4629 Virginia Drive NW Varsity Calgary T3A 0P2 $619,999Residential- Status:
- Active
- MLS® Num:
- A2205518
- Bedrooms:
- 4
- Bathrooms:
- 2
- Floor Area:
- 946 sq. ft.88 m2
Located in the heart of varsity, this four bed, two bath home offers incredible potential! Featuring two bedrooms up, and two bedrooms down. Each level has its own full bath and separate laundry for added convenience. The fully developed self contained lower level provides additional living space with Illegal suite. Enjoy your spacious south, facing backyard, and single car garage. Conveniently located close to schools, the University of Calgary, Children's Hospital, Foothills Hospital, Market Mall, and transit. Plus, with quick access to the mountains, downtown and amenities. Don't miss out on this rare opportunity. More detailsListed by Park Real Estate Associates Inc.- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email